844 Glenway Drive, Inglewood, CA 90302, USA


Investment Summary

Investment Overview

Estimated Hold Time 6-9 Months
Investment Availability

Closed to Lenders

Youtube Link

Loan Details

Lien Position 1st Trust Deed
Loan Amount $488,000
Net Interest Rate 8.75%
Term I/O due in 1 year
Type of Transaction Residential
Type of Loan Fix & Flip
Transaction Type Purchase
Occupancy Investment Property

Purchase Information

Purchase Price $610,000
As-is Value $1,100,000
ARV $1,100,000
Rehab Needed $100,000
LTV (PP) 80.00%
LTV (As is) 44.36%
LTV (ARV) 44.36%

Property Information

Property Type SFR
Number of Units 1
Bedrooms / Bathrooms 4/3
Building Sq. Ft. 1,936

Automated Values

Zillow $695,150
Trulia $722,644
Redfin $629,181
Bank of America $546,943 - $678,674

Property Attributes

On a Busy Street

No

Near Train Tracks

No

Near Freeway

No

Suburban or Rural

Suburban

BSF

Interest Rate 10.00%
Broker Service Fee 1.25 %
Net Rate 8.75%

Location Details


Investment Overview

Loan Amount $488,000
Net Interest Rate 8.75%
Lien Position 1st Trust Deed
Term I/O due in 1 year
Purchase Price $610,000
As-is Value $1,100,000
LTV (As Is) 44.36%
Type of Loan Fix & Flip
Transaction Type Purchase
Occupancy Investment Property

Documents

Appraisal
BPO (Click to Download)
Appraisal Review
MLS Listing - Before (Click to Download)
MLS Listing - After
Comps
Have a Question ?

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